";s:4:"text";s:4651:" This website is a news website only. The company plans on using high-pressure acid leaching (HPAL) to process the nickel at Vermelho, and is looking to other companies’ success with the process.“We will look to replicate the success achieved by the Coral Bay Nickel Corporation where the company is currently producing around 20,000 tonnes per year of nickel utilising a twin line HPAL plant. After all, there are…Shares in Bahamas Petroleum (LSE:BPC) were up 15% to 3.28p in early Monday…A stunning reversal in the De La Rue (LSE:DLAR) share price has market…When you spot a company generating revenues that exceed its market cap, you…A new report out by investment banking giant Goldman Sachs (NYSE:GS) suggests investing…I was a fan of Jet2 operator Dart Group (LSE: DTG) before the…When it comes to the morass of dodgy companies at the bottom end…Crowd Equity for Placings, IPOs and Live Market Blockbuilds, designed to give provate investors access to placements and Intial Public Offerings (IPOs), predominantly on the London Stock Exchange’s Alternative Investment Market (AIM). About Horizonte Minerals: Horizonte Minerals plc is an AIM and TSX-listed nickel development company focused in Brazil. You should take independent financial advice from a regulated FCA advisor in connection with, or independently research and verify any information that you find on this site, and wish to rely on whether for the purpose of making an investment decision or otherwise. feasibility study, estimated that the property would have a 38-year mine life generating study gave Araguaia an initial 28-year mine life generating free cash flows Horizonte’s CEO Jeremy Martin said, “This NI 43-101 Mineral Resource covering the Vermelho nickel-cobalt project is an exciting development … jobs in construction and more than 600 during operation.When combined with its flagship Araguaia ferronickel Horizonte says will support further development of Vermelho towards a full total cash flows after tax of $7.3bn.Elsewhere, the PFS gave Vermelho an IRR of 26pc and an Horizonte Minerals PLC's (LON:HZM) Jeremy Martin speaks to Proactive London's Andrew Scott soon after releasing the findings of a successful pre-feasibility study on its Vermelho … cost of $443m. A prefeasibility study shows that Horizonte Minerals can expect a large payout if it continues on with mine development at Vermelho.The initial capital cost estimate is currently US$652 million, which includes contingencies of US$97.7 million.
Supply of nickel is essentially guaranteed to , when Indonesia’s nickel ore export ban is planned to roll out.
project as a low-cost producer.The firm added that it expects Vermelho to deliver ‘significant of $642m. This was a low capex plant which has been operating successfully for the last 15 years,” Martin added. A recent feasibility after taxation of $1.6bn, with an IRR of more than 20pc on an initial capital Horizonte Minerals Website: horizonteminerals.com Primary ticker: LON:HZM, TSX:HZM Stage of development: Development Primary minerals: Nickel, Cobalt Project to promote: Vermelho nickel cobalt, Araguaia ferronickel Live financials capacity. Araguaia is expected to produce 14,500 tonnes of nickel per year. socio-economic benefits’ for the Para state, including more than 1,800 direct Horizonte Minerals published the results of a feasibility study for Araguaia back in The news about Vermelho comes at the heels of nickel’s recent , with the metal recovering following its short downturn. About Horizonte Minerals: Horizonte Minerals plc is an AIM and TSX-listed nickel development company focused in Brazil. $19,800/t, Horizonte says that the project’s IRR increases to 31pc and its NPV The study also forecasts a post-tax net present value of US$1.7 billion and an internal rate of return of 26 percent.“With the PFS now successfully completed, the priority now is to identify partners, secure funding and advance the project by undertaking a full On Wednesday (October 16) at market close, nickel was trading on the London Metal Exchange at US$17,030 per tonne, and cobalt was US$35,000 per tonne.